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LOT
2

Archies Bank Off Saracen Court, Penryn, Falmouth, Cornwall TR10 8PW

£40,000 - £60,000*
Guide price (+ fees)

About this property

A parcel of land which measures circa 0.107 acres/0.043 hectares, located approximately half a mile from Penryn Train Station.

Addendum To Printed Catalogue

The Epitome of Title will be provided upon exchange of contracts.
The correct address of the lot is Land known as Archie’s Bank off Saracen Court, Penryn, Falmouth, which forms part of the Conservation Area.
We are informed that there are an unspecified number of trees on the site and not two as stated in the catalogue.


Location

Penryn is one of Cornwall’s most ancient towns located along the Penryn River which leads to Ponsharden and Falmouth. The town features a primary and secondary school, various bars and eateries.

Land

Situated in the centre of the desirable town of Penryn is this quaint yard privatised at the end of a pedestrian access from Market Street. Located at the end of this short lane, the land is walled and fenced to each side, slopes gently to the rear and is accessible via a locked gate. The land currently features shrubs, two trees and is fully enclosed to all sides.

EPC

Energy Efficiency Rating - Exempt

Auction Valuer

Lucy Fuller

Viewing

Strictly by appointment only with Miller Countrywide Penryn 01326 377077. General enquiries Countrywide Property Auctions 01395 275691.

Notes

The Promap shown is for approximate identification purposes only and is not to scale. Crown Copyright Reserved. Measurements have been made using the Promap Mapping Facility, interested parties must make and rely upon their own measurements.

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Archies Bank Off Saracen Court, Penryn, Falmouth, Cornwall TR10 8PW

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* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyers Fee

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).